Before you read
Test yourself first: 5 questions
Question 1 of 5
Which state agency licenses and regulates real estate licensees in Oregon?
Answer: A. The Oregon Real Estate Agency (OREA) is the state body that licenses and regulates real estate brokers and principal brokers and administers Oregon real estate license law. A trade association like the Oregon Association of Realtors is a private membership group, not the regulator.
Question 2 of 5
In Oregon, an active real estate license must generally be renewed:
Answer: A. Oregon real estate licenses are renewed on a two-year cycle. Continuing education must be completed to renew an active license.
Question 3 of 5
Which state agency administers real estate licensing and regulates real estate practice in Oregon?
Answer: A. The Oregon Real Estate Agency (OREA), headed by the Real Estate Commissioner, is the state body that licenses and regulates real estate professionals in Oregon.
Question 4 of 5
In Oregon, a real estate broker's license must be renewed on a recurring cycle. How often must an active Oregon broker renew the license?
Answer: B. Oregon real estate licenses (broker and principal broker) are issued on a two-year cycle and must be renewed every two years through the Oregon Real Estate Agency (OREA) eLicense system.
Question 5 of 5
Oregon is a 'title theory'-style closing state that commonly uses which professional to handle the closing/settlement of a residential transaction?
Answer: A. Oregon closings are typically handled by licensed escrow agents at title/escrow companies who act as neutral third parties to hold funds and documents and disburse at closing, rather than by attorneys at the table (as in some states) or by the broker holding the funds.
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What you need to know
The entry-level license is called a 'broker' (not 'salesperson'), and every broker must work under and be supervised by a principal broker who is responsible for the brokerage's transactions and trust accounts. To qualify, an applicant must complete 150 hours of approved pre-license education, pass the licensing exam, and submit to a background check. A principal broker is a higher-level license that authorizes a person to operate and supervise a real estate business.
How Oregon Licenses Real Estate Agents: FAQs
Is How Oregon Licenses Real Estate Agents on the real estate exam?
Yes. State License Law is a scored domain on the Oregon real estate licensing exam, and this topic appears in the state license-law portion.
Is this cheat sheet free?
Yes — every page on Cinna RE's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.
Does Oregon test this differently?
Oregon applies its own license law on top of the national portion. This page covers the Oregon rules specifically, which is what the state section of your exam tests.
